Shares of chip stocks are trading lower amid overall market weakness. Recent earnings from large names in the sector may also be weighing on the sector.
Portfolio Pulse from Benzinga Newsdesk
Shares of chip stocks are trading lower amid overall market weakness, with recent earnings from large names in the sector potentially contributing to the decline.
August 01, 2024 | 6:00 pm
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NEGATIVE IMPACT
ACMR shares are trading lower due to overall market weakness and recent earnings reports from large names in the chip sector.
ACMR is part of the chip sector, which is experiencing a decline due to overall market weakness and recent earnings reports from large names in the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
ADI shares are trading lower amid overall market weakness and recent earnings reports from large chip companies.
ADI is affected by the overall market weakness and recent earnings reports from large names in the chip sector, leading to a decline in its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
AMD shares are trading lower due to overall market weakness and recent earnings reports from large names in the chip sector.
AMD is part of the chip sector, which is experiencing a decline due to overall market weakness and recent earnings reports from large names in the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
INTC shares are trading lower amid overall market weakness and recent earnings reports from large chip companies.
INTC is affected by the overall market weakness and recent earnings reports from large names in the chip sector, leading to a decline in its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
NVDA shares are trading lower due to overall market weakness and recent earnings reports from large names in the chip sector.
NVDA is part of the chip sector, which is experiencing a decline due to overall market weakness and recent earnings reports from large names in the sector.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50